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Retail sales remain steady

  • News
  • November 18, 2015
  • Elly Strang
Retail sales remain steady

This equals a $265 million increase, following a slight increase in the June 2015 quarter of $59 million.

Total sales hit $874 million, an increase on the September 2014 quarter.

Motor vehicle and parts retailing was one of the stand out categories, up five percent in sales. It contributed to almost a quarter of the total increase.

Statistics New Zealand business indicators manager Neil Kelly said several car dealers were on track to achieve record sales this year.

Electrical and electronic goods were up 6.6 percent, while food and beverage services were up 2.4 percent.

Meanwhile, the non-store and commission-based retailing category that includes online-only retailers hit $304 million, an increase of 45 percent in actual terms from 2014.

Retail NZ chief executive Mark Johnston says the results show it’s more important than ever for retailers to be available wherever customers want to shop, including online.

“Spend by New Zealanders on foreign websites is not reported in the Retail Trade Survey – but other sources show it also continues to increase rapidly in terms of value and the number of transactions,” Johnston says.

“Retailers are telling us that while they’ve been mostly been hitting sales targets for the past quarter, global e-tailers continue to compete aggressively for domestic business.”

In the US, retail sales rose less than expected, only up 0.1 percent in October.

Economists had forecast sales to increase 0.3 percent. Core retail sales previously dipped 0.1 percent in September.

Check out our graph below on New Zealand vs US retail sales over the years.
 

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Direct sales: How multi-level marketing works

  • News
  • April 18, 2019
  • Sarah Dunn
Direct sales: How multi-level marketing works

The $200 million-plus direct sales economy contains many lessons retailers can use. As part of a wider look at this thriving corner of retail, we created a quick explainer showing how this business model typically works.

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Direct sales: Meet the upliners

  • News
  • April 18, 2019
  • Sarah Dunn
Direct sales: Meet the upliners

We profiled different participants in the direct sales industry to find out what retailers can learn from them. Meet Isagenix distributors Adam Nesbitt and Bianca Bathurst.

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  • News
  • April 18, 2019
  • Sarah Dunn
Direct sales: Meet the business builder

As part of a wider story looking at what retailers can learn from the direct sales industry, we profiled Isagenix distributor Ben Frost.

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  • Opinion
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  • David Farrell
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In recognition of April being Autism Awareness Month, retail commentator Dave Farrell considers the role of those on the spectrum in retail.

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  • Sponsored Content
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  • Sponsored content
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New insights from Visa highlight five evolving trends emerging from savvy retailers around the world. We’ve taken these global trends and looked at how they are playing out with merchants in New Zealand, and we’d now like to hear what you think of them.

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